Egypt, World Bank to Launch Infrastructure Guarantee Scheme
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Planning minister discusses infrastructure financing guarantee mechanism with World Bank, international institutions - Dailynewsegypt
Ahmed Rostom, Minister of Planning and Economic Development, held a high-level meeting with senior officials from the World Bank Group and representatives of a number of international financial and development institutions to review progress and final steps towards launching the Infrastructure Financing Guarantee Facility (IFGF) in Egypt, a pioneering model for innovative financing and attracting
Egypt, World Bank to launch infrastructure guarantee scheme
Planning and Economic Development Minister Ahmed Rostom held a high-level meeting with World Bank Group officials and representatives of international financial and development institutions to discuss the final steps for launching the Infrastructure Financing Guarantee Facility (IFGF), aimed at encouraging private-sector participation and mobilising local-currency financing for infrastructure projects. The meeting brought together representative…
Dr. Ahmed Rastam, Minister of Planning and Economic Development, together with the World Bank Group and representatives of a number of international financial and development institutions, discussed the operational position and final steps to launch the mechanism to secure financing for infrastructure projects in Egypt (IFGF), with a view to stimulating private-sector participation and providing long-term financing solutions in local currency. T…
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